publication
2025-05-19 12:47
In April, Poland fell out of the inflationary leaders of the European Union – according to the latest Eurostat data. Romania remained the Euroinflation leader, where price increases at 5%.
In April 2025, HICP inflation in the European Union decreased to 2.4% relative to 2.5% recorded in March and 2.7% in February. Thus, it is the lowest inflation reading in the EU since October last year. However, this is still a level exceeding 2%, above which EU HICP inflation has been continuing since May 2021.
The decrease in the purchasing power of money in the EU is much slower than in 2021-23 (when it exceeded even 10% per annum), the state of increased – i.e. exceeding 2% – HICP inflation has been in force for nearly four years.
The inflationary wave in Europe is slowly falling
However, HICP inflation still exceeded 2% in 19 of 27 European Union countries. A month early this benchmark was defeated in 21 of 27 EU countries. Of course, some of these countries do not belong to the euro area and the central banks there may have higher inflation goals than the European Central Bank. For example, in Poland it is 2.5%, and in Hungary 3%. However, such a standard for a developed country is inflation of 2% within the average date.
In April 2025, Romania remained the inflationary EU leader, where HICP inflation decreased from 5.1% to 4.9%. Estonia “advanced” to the second place with a result of 4.4% (compared to 4.3% in March). Hungary with HICP inflation at 4.2% (compared to 4.8% in March and as much as 5.7% in January and February) sank for third place.
Poland fell from the inflationary podium, where HICP inflation decreased in April to 3.7% relative to 4.4% earlier. A slightly sensational increase was recorded by the Netherlands, where the EU price of consumer goods prices rose by 4.1% yaws compared to 3.4% recorded in March.
In turn, the lowest HICP inflation in April was recorded in France (0.9%), in Cyprus (1.4%) and in Denmark (1.5%). Below the threshold of 2% were the Czech Republic, Luxembourg and Finland. Equal to 2% appeared in Italy and Ireland. However, 17 EU economies came from 2% to 4% (inclusive).
HICP inflation is a different measure of price increase from the most popular CPI indicator used by the Polish CSO. We wrote about the differences between the indicators in the article “How does GUS measure inflation? Statistics explain”. In a nutshell: both measures use a slightly different weight system and take into account a slightly different range of expenses.
